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Author Topic: Bitcoin Vs Bitcoin Cash  (Read 17227 times)
coin_1122
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August 02, 2017, 04:50:03 PM
 #101

What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?

Bitcoin is the first coin in the market so we considered all the cryptocurrencies that made is also called as altcoins. I think bitcoin cash has a potential to be a good promising cryptocurrency because it is on the top 3 in market cap. It was shocking but I think it can overtake ethereum market cap and price in a couple of weeks.

With in a first day or second, it is not possible for us to judge, right now there are many speculations circulating because many people are thinking that soon the price of BCH will dump in the market like Zcash. In the beginning, Zcash creates a lot of hype in the market and afterward, it settles at some point.
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August 02, 2017, 04:56:58 PM
 #102

What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?

Bitcoin is the first coin in the market so we considered all the cryptocurrencies that made is also called as altcoins. I think bitcoin cash has a potential to be a good promising cryptocurrency because it is on the top 3 in market cap. It was shocking but I think it can overtake ethereum market cap and price in a couple of weeks.

But the fact is treat it like it's a brand new coin, treat it like it had an excellent promotion scheme ahead of time, and invest in it as a different coin that has absolutely nothing to do with Bitcoin.

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August 02, 2017, 05:06:57 PM
 #103

What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?

Bitcoin is the first coin in the market so we considered all the cryptocurrencies that made is also called as altcoins. I think bitcoin cash has a potential to be a good promising cryptocurrency because it is on the top 3 in market cap. It was shocking but I think it can overtake ethereum market cap and price in a couple of weeks.

With in a first day or second, it is not possible for us to judge, right now there are many speculations circulating because many people are thinking that soon the price of BCH will dump in the market like Zcash. In the beginning, Zcash creates a lot of hype in the market and afterward, it settles at some point.
Haha Zcash when listed on Poloniex I remember have value 4 BTC per coin, then after one day it decreasing to 1 BTC per coin and falldown from that time to 0.1 after three days lol. And next subject for the scenario of whales maybe is Bitcoin Cash Roll Eyes

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August 02, 2017, 05:46:46 PM
Last edit: August 02, 2017, 06:22:00 PM by deisik
 #104

What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?


The starting price is the very definition of speculation. I expect it to be highly volatile while people scramble to figure out if it will have any staying power. Some folks will rush to dump their newly acquired BCH trying to lock in the highest price they can. Others will be attempting to buy it as cheap as possible. I expect those groups, regardless of whether they think it will survive long term or not, to attempt to orchestrate a pump down the line. One thing for certain is all the uncertainty this scenario has created is not good for the ecosystem or the community, and I believe this is only going to increase the amount of acrimony between the two sides, because now they're competing against each other for legitimacy and there's literally billions of dollars on the line. If BCH dies off or stay irrelevant, no long term harm will be done. But I think the inevitable war between the two camps now is going to be very damaging for Bitcoin

I don't think this war is going to last long

There is no influx of fresh money into the system (after the Btc-e controversy), so the only viable way that this Chinacoin is going to stay afloat (provided it gets enough trading volume in the first place) is via sucking money out of the regular Bitcoin. Altcoins are just too small for that, and their holders won't be interested in dumping their favorite toys in favor of this wannabe Bitcoin. But why would generic Bitcoiners want to go for this coin either? As to me, there's no way they are going to dump real Bitcoin, it just makes no sense economically. This pseudo-Bitcoin is set to die in a matter of few days when most people finally realize this

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August 02, 2017, 05:56:53 PM
 #105

Don't get fooled by the rising bcash prices. Bcash is experiencing some major clusterfucks right now.

There is a mysterious miner organisation from HongKong is mining almost empty blocks and they make sure that the difficulty stays high. So moving bcash is a pain right now. That makes it very easy to manipulate prices. And there is also that many exchanges don't let people to withdraw their bitcoins.

So you can't send your bcash to the exchanges, even if you do, exchanges won't let you leave.

I would do nothing right now but eat my popcorns while watching this freak show.

What does empty blocks have to do with anything? The blocks are empty because there's substantially low transaction volume as of yet, not because of some conspiracy. And you can't "keep" the difficulty high any more than you can "make" the difficulty low. The difficulty is a function of the solve time of the blocks. BCH works the same way as BTC, the difficulty adjusts up or down based on the the number of hashes solving the block and how long they take. So by "keeping the difficulty" high, they would only have to be mining blocks per normal. "Letting" the difficulty fall would be taking miners offline, creating opportunity for other miners to grab their share of the revenue, so there's no conspiracy, just miners working in their own economic self-interest just like every miner in BTC.

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August 02, 2017, 08:31:54 PM
 #106

Well in the last two days ago bitcoin cash market value have increase from $0 to $1050 on bittrex exchange while  that of the main the main market value of Bitcoin has not reduce rather but move to $2800 at the early hours of today, and that shows bitcoin will keep on increasing. There are speculations in some quarter that holders of bitcoin cash may likely dump bitcoin cash as many of them are on the hit and run mission.
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August 02, 2017, 08:57:24 PM
 #107

Well in the last two days ago bitcoin cash market value have increase from $0 to $1050 on bittrex exchange while  that of the main the main market value of Bitcoin has not reduce rather but move to $2800 at the early hours of today, and that shows bitcoin will keep on increasing. There are speculations in some quarter that holders of bitcoin cash may likely dump bitcoin cash as many of them are on the hit and run mission.
Its impossible that you seen $1050 look at the coinmarketcap here https://coinmarketcap.com/currencies/bitcoin-cash/#charts
As you can seen in the  market the maximum price reach by bitcoin cash around $600
Well other people are said that much better to dump those bitcoin cash because its altcoin and not a bitcoin that i think we will see a fast dump  of the price of bitcoin cash because for those who first claimed their own bitcoin cash they already making a large amount of profit if all people will convert into bitcoin..
For me i'll stay using bitcoin and i think much safier to hold bitcoin that bitcoin cash i just heard there are still issue claiming bcc in electron cash wallet. .
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August 02, 2017, 09:31:12 PM
 #108

the thing is that you cannot sell BCC without any hassle,most of the exchanges have either BCC wallets under maintenance
or both bitcoin and BCC wallets under maintenance,so it is an artificial attempt to keep the price from crashing
bittrex,yobit,kraken and many other exchanges do not allow you to simply dump BCC tokens and enjoy free money
BCC price went up to 800$ + at some point due to this

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August 03, 2017, 12:28:51 AM
 #109

I think it will depend on how many people will really use BCC. The current high value is probably due to lack of liquidity in the market.
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August 03, 2017, 12:56:37 AM
 #110

I think it will depend on how many people will really use BCC. The current high value is probably due to lack of liquidity in the market.
When it will be included in some exchanges or have more apps that can use it ,as well many users to adopt , sell or drop it its value will start to move down or up. We will know after month what can it be.
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August 03, 2017, 01:04:56 AM
 #111

is it getting another block after 5 hours? not sure why the block time is so long in BCC
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August 03, 2017, 05:05:05 AM
 #112

What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?


A lot of exhanges aren't even supporting bcc and wallets as well. I don't think it will be like btc entirely and would most likely walk the path of other altcoins. I think bcc didn't get the acceptance that the developers were hoping for but let's see, its just a couple of days old.

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August 03, 2017, 06:57:50 AM
 #113

What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?


A lot of exhanges aren't even supporting bcc and wallets as well. I don't think it will be like btc entirely and would most likely walk the path of other altcoins. I think bcc didn't get the acceptance that the developers were hoping for but let's see, its just a couple of days old.

Many folks are waiting for deposits to be allowed

And as you can easily guess, with the purpose of dumping this pseudo-Bitcoin for whatever it is worth currently. This is not something that its authors likely meant (but who knows), but anyway if no one is going to use it, then the whole point behind the introduction of larger blocks is lost since this coin (as claimed by its creators) was aimed at solving Bitcoin congestion issues. But how can it solve them if no one would be using it apart from dumping and buying regular Bitcoin instead?

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August 03, 2017, 07:26:58 AM
 #114

What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?


A lot of exhanges aren't even supporting bcc and wallets as well. I don't think it will be like btc entirely and would most likely walk the path of other altcoins. I think bcc didn't get the acceptance that the developers were hoping for but let's see, its just a couple of days old.

Many folks are waiting for deposits to be allowed

And as you can easily guess, with the purpose of dumping this pseudo-Bitcoin for whatever it is worth currently. This is not something that its authors likely meant (but who knows), but anyway if no one is going to use it, then the whole point behind the introduction of larger blocks is lost since this coin (as claimed by its creators) was aimed at solving Bitcoin congestion issues. But how can it solve them if no one would be using it apart from dumping and buying regular Bitcoin instead?

after some exploring of the exchanges,I found out that Viabtc was one of the few exchanges that allowed BCC deposit and trade
many others either had both BCC and BTC wallets on maintenance,or didn't allow BCC deposits,even those that had declared support for BCC earlier
the rate on Via is around 0.15 bitcoins per bcc



and the price is volatile,but as you can see on this picture,there is a huge wall to sell at 0.15 so I think,there will be quite a while untill it is bought out
https://www.viabtc.com/quot/realtime?currency=btc&dest=bcc&chart=simple
realtime price chart
so if any of you guys are planning to dump your BCC now is the time Smiley
or HODL and wait for it to release the "full potential of the increased block size" and replace bitcoin,the choice is yours



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August 03, 2017, 08:56:04 AM
 #115

Whether bitcoin will print gold as cash, all there is no guarantee when to fake bitcoin because gold price still exceeds bitcoin ??
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August 03, 2017, 09:01:06 AM
 #116

What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?

well that is the prediction and there are so many predictions, many said that it will run for the price of btc but they are just saying that it is just another alt for me. though the price of it is big but also the price of it can decrease immediately.

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August 03, 2017, 09:25:30 AM
 #117

What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?

Bitcoin is the first coin in the market so we considered all the cryptocurrencies that made is also called as altcoins. I think bitcoin cash has a potential to be a good promising cryptocurrency because it is on the top 3 in market cap. It was shocking but I think it can overtake ethereum market cap and price in a couple of weeks.

With in a first day or second, it is not possible for us to judge, right now there are many speculations circulating because many people are thinking that soon the price of BCH will dump in the market like Zcash. In the beginning, Zcash creates a lot of hype in the market and afterward, it settles at some point.

Good comparison. I thought of Zcash too in that regard. Maybe Bitcoin Cash will not drop to zero, but it can decrease 50 times from its initial price just like it happened with Zcash.

As of now you have to pay just 120 satoshis/byte for a fast Bitcoin transaction, and this is a good sign compared to up to 360 satoshis/byte lately.

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August 03, 2017, 12:20:23 PM
 #118

What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?

Bitcoin is the first coin in the market so we considered all the cryptocurrencies that made is also called as altcoins. I think bitcoin cash has a potential to be a good promising cryptocurrency because it is on the top 3 in market cap. It was shocking but I think it can overtake ethereum market cap and price in a couple of weeks.

With in a first day or second, it is not possible for us to judge, right now there are many speculations circulating because many people are thinking that soon the price of BCH will dump in the market like Zcash. In the beginning, Zcash creates a lot of hype in the market and afterward, it settles at some point.

Good comparison. I thought of Zcash too in that regard. Maybe Bitcoin Cash will not drop to zero, but it can decrease 50 times from its initial price just like it happened with Zcash.

As of now you have to pay just 120 satoshis/byte for a fast Bitcoin transaction, and this is a good sign compared to up to 360 satoshis/byte lately.

I do not agree that Bitcoin cash will be like Zcash. Zcash has made a superhype but it will not happen to bitcoincash. The price of bitcoincash is just right since it is a clone of bitcoin. I believe that if its price will go down if will stick to 0.1 btc and it will not go down anymore and it will continue to increase in value since it will be bitcoins new rival. Though there are many rumors and predictions that it will lose its value once all 21 coins will be distributed but I disagree with that. Just like bitcoin the public has a huge expectation on bitcoincash and they will treat it as the brother of bitcoin. I also believe that bitcoincash will replace ethereum on its 2nd ranking in the coinmarketcap. Just like bitcoin there are also huge companies who lined up that will support bitcoincash.

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August 03, 2017, 02:40:25 PM
 #119

bitcoin cash is the upgrade version of bitcoin. bitcoin could handle approximately three transactions per second with its 1MB of data per block and bitboin cash 8mb per block. and i think bitcoin will increase rapidly and bitcoin cash will increase soon bitcoin is til the best best. .. and this time bitcoin will increase more than we think.

I believe the 1MB blocks could handle 7 transactions per second (that's the most common number I've seen cited). In any event, that's irrelevant since SegWit is supposed to increase space by 60% for transactions in the blocks, and then the 2x portion of SegWit is supposed to increase the blocks to 2MB in November. Back of the envelope math puts the transaction capacity then at 22 transactions per second. When trying to talk about the merits of BCH, that's the number you need to be competing against. Three transactions per second is either intentionally understated or ignorant.

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August 03, 2017, 04:21:50 PM
 #120

bitcoin cash is the upgrade version of bitcoin. bitcoin could handle approximately three transactions per second with its 1MB of data per block and bitboin cash 8mb per block. and i think bitcoin will increase rapidly and bitcoin cash will increase soon bitcoin is til the best best. .. and this time bitcoin will increase more than we think.

I believe the 1MB blocks could handle 7 transactions per second (that's the most common number I've seen cited). In any event, that's irrelevant since SegWit is supposed to increase space by 60% for transactions in the blocks, and then the 2x portion of SegWit is supposed to increase the blocks to 2MB in November. Back of the envelope math puts the transaction capacity then at 22 transactions per second. When trying to talk about the merits of BCH, that's the number you need to be competing against. Three transactions per second is either intentionally understated or ignorant

Such comparisons are meaningless as such

They would make sense if and only if the block capacity is utilized in full. And I'm afraid we will never live up to that, at least, not in respect to Bitcoin Cash. How many blocks have been mined since it forked off, a dozen or two? How many transactions are there? I understand that it is too early to tell by any metric but what makes anyone think that anything is going to change at all in the future? Why would people use this shitcoin when they can safely use, say, Litecoin, which is a lot faster and cheaper (in respect to fees)

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